Word: bettering
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Dates: during 1970-1979
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...production, devise a more effective allocation system for distributing them, and enact a stand-by gas-rationing plan. Those steps will not increase overall supply, but they might calm the panic buying that is turning what should be a moderate shortage into a nightmare. Indeed, the nation had better get used to coping with shortages. The one in 1973-74 disappeared quickly after OPEC turned on the spigot following the end of the Arab oil embargo. The cartel seems unlikely to do so again, and even if it did, no one could trust an increase in output to last. Meanwhile...
...Senate fails to ratify the SALT treaty, history will judge it harshly," declared Massachusetts Senator Edward Kennedy. On the contrary, said Washington Senator Henry Jackson, "the U.S. would be better off with no agreement than this...
P.C.I, deputy and longtime companion of legendary Communist Leader Palmiro Togliatti; she thus became the first woman president of a parliamentary assembly in Italy's history. By giving up his lofty parliamentary post, Ingrao would be better able to descend into the arena of party politics and head an anti-Berlinguer faction. Considered one of the party's deepest thinkers, Ingrao is at the center of a "cerebral" faction that advocates a thorough overhaul of Communist strategy based on a careful re-examination of the party's strengths and objectives. Ingrao and his followers seek to reunify...
West Germany. The Germans' economy is, as usual, in better shape than any of their European neighbors'. The big worry, also as usual, is rising inflation: though prices increased a mere 2.6% in 1978, inflation so far this year has been running at an annual rate of 7.4%, a figure that might be cheered elsewhere but is regarded with concern in this inflation-phobic nation. German exports are surging and now account for fully 12% of total world trade-the same...
...were then invested in the West or parked for short periods in the major institutions of industrialized nations. Much of this money was loaned to the hard-pressed developing countries to help them pay their ever heavier oil bills. The international banking system came through that operation in much better shape than many of the pessimists believed possible, though the amounts involved were huge...